Word: pecora
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Ferber) and You Can't Take It With You (with Moss Hart). The latter is Kaufman's 27th Broadway show. It is also his biggest sellout, since seats are on sale almost five months in advance, a Broadway record. Last week, however, in Supreme Court Justice Ferdinand Pecora's courtroom, an inside story of show business was unfolded, revealing that even Playwright Kaufman occasionally turns out a flop. For laymen the suit of Polisuk v. Kaufman shed new light on how some plays are written, doctored and produced...
First Boston's reports are interesting to a far wider group than its 9,500 stockholders. Now that Ferdinand Pecora and the Senate Committee on Banking & Currency are occupied with other things than Wall Street, First Boston's figures are the primest clue to banking house profits. In 1936 First Boston took in $7.348.000 from underwriting and trading operations, another $1,253,000 from interest and dividends, $229.000 from commission, service charges and miscellaneous sources. General expenses were...
...stockholder had a case against his directors, a good court in which to bring suit would be Ferdinand Pecora's in Manhattan. That quick-witted, onetime inquisitor for the Senate Banking & Currency Committee could undoubtedly recall without recourse to the record at least one parallel case from his rich experience in Washington. Last week stockholders who were suing the directors of Industrial Finance Corp., parent of Morris Plan banks, did receive a decision from bushy-haired New York Supreme Court Justice Ferdinand Pecora. The issue to him was plain...
...that stock at $105 per share. So the syndicate sold the 14,550 shares to the corporation, making a profit of $145,500 on the transaction. The suit was to recover this sum for the stockholders with interest and dividends which brought total damages to $400,000. Held Justice Pecora...
Enlarging upon the moral values involved, Justice Pecora then defined the duties of directors thus: ''These persons are the servants of the stockholders. More than that, they are wholly and unqualifiedly trustees. Inevitably it is the duty of the courts to enforce all the obligations implicit in that fiduciary relationship...